Question: Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet (s in millions) $ 42,540 Current liabilities 46,864

Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet (s in millions) $ 42,540 Current liabilities 46,864 Long-term debt Other liabilities Equity $ 89, 404 Total $ 29,739 27,768 14,349 17,548 $ 89,404 Total Locust has 661 million shares outstanding with a market price of $99 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Market value million million Market value added b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.) Market-to-book ratio Prey. 1 of 9 !! c. How much value as the company created for its shareholders as a percent of shareholders' equity, that is, the net capital contributed to the firm by its shareholders? (Enter your answer as a percentage rounded to the nearest whole number.) Increase in value of equity %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

If the X and Y coordinates (in feet) of station A are (5000.00, 5000.00), what are the coordinates of the remaining labeled corners in the accompanying figure? 430.00 ft, S 8959 E 46 41 LUI G Radius,...

Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,524 Current liabilities 46,832 Long-term debt Other...

please explain part (c) answer in details Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,524 Current...

find a,b and c Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,536 Current liabilities 46,856 Long-term debt...

Here is a simplified balance sheet for Locust Farming Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,538 Current liabilities 46,860 Long-term debt Other liabilities...

Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet is in millions) $ 42,525 Current liabilities 46,834 Long-term debt Other...

Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,534 Current liabilities 46,852 Long-term debt Other...

Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,525 Current liabilities 46,834 Long-term debt Other...

please answer this question Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,527 Current liabilities 46,838...

Check my work Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,534 Current liabilities 46,852 Long-term debt...

Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,529 Current liabilities 46,842 Long-term debt Other...

1. Create a class called GtStudent that has the following instance data: name: The name of the student. Should be represented as a constant String value since a student's name should not change after...

Sunshine Corp hired a new CFO and changed firm's policy from zero leverage to some leverage. They decided to add enough leverage till the firm value increased by 20%. Assume cashflows are level...

You are the auditor of ADP, which is a service provider of payroll services to multiple companies. Which SOC report will you likely request to obtain from ADP? Group of answer choices SOC 1 Type 2...

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...